Bottom of the Barrel: Laclede, a Small-Cap Fueled by Gas

If you're looking for a small-cap to provide fuel to your equity portfolio yield, consider Laclede Group (LG Quote).

This St. Louis company delivers natural gas to more than 600,000 customers in eastern Missouri and a safe 5.7% yield to shareholders. And, there is nothing very complex about this retail natural gas outfit. Nearly 65% of revenue comes from captive, residential customers. An additional 23% of Laclede's revenue is from industrial gas customers.

Fueling Growth

While natural gas distribution is the major contributor to Laclede's bottom line, the company is becoming a regional player in natural gas and propane storage and transportation. ...